Kering joins luxury peers in defying China slowdown

Toyota Motor Corp on Tuesday said it sees room to expand in China as growing sales of its luxury brand Lexus help it buck an emerging trend of slowing demand which has hit profit at some of its global rivals. Sonia Legg reports.....»»

Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.....»»

Luxury coat maker shrugs off the slowdown in China that hit Apple earlier this month.....»»

LVMH sees no letup in global demand for luxury goods as Chinese high rollers keep snapping up Louis Vuitton bags and Hennessy Cognac......»»

The Chinese government is tightening the noose on debt defaulters, imposing stringent penalties that include restrictions on high-speed rail travel and luxury accommodations. This move is part of a broader crackdown on unpaid bills. read more.....»»

Pelosi Joins Call To Boycott 2022 Winter Games Over China"s Human Rights Abuses.....»»

China's Gen Z Splurges On Luxury As Its Debt-To-Income Nears An Insane 2,000% While representatives of Ame.....»»

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) has signed a strategic cooperation agreement with the University of Science and Technology of China (USTC) to cooperate in smart EV technology research, cnEVpost read more.....»»

Changes to the ground combat element are part of an effort reshape the Corps as it prepares for possible conflict with near-peers - mainly China. US Marines fire an M240B machine gun during a training exercise at Twentynine Palms in .....»»

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Italy's billionaire Agnelli family says Paris-based shoe maker has growth potential in China......»»

Airbnb Inc.'s resilience in the face of a continued travel slowdown because of the pandemic, plus its position against its peers, have analysts bullish and the company's shares surging Friday......»»

Airbnb Inc.'s resilience in the face of a continued travel slowdown because of the pandemic, plus its position against its peers, have analysts bullish and the company's shares surging Friday......»»

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Audi and FAW, China’s oldest car maker, have started a new company to produce premium, fully-electric vehicles in northeastern China, in a bet on the world’s largest car market......»»

Audi and FAW, China’s oldest car maker, have started a new company to produce premium, fully-electric vehicles in northeastern China, in a bet on the world’s largest car market......»»

The hot IPO market continues with four more additions in the shortened four-day trading week ahead. Here's a preview of what's coming. read more.....»»

Shares of Nio Inc. shot up 6.4% toward a record in premarket trading Monday, as investors cheered the China-based electric ve.....»»

Gucci launches first of two online stores in China, alongside Alibaba, to tap into that platform's more than 750 million users......»»

Gucci's first flagship store, selling fashion and leather goods collections, will open on Dec. 21.....»»